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always the case when you pile in thinking that your buying lows then use up all your gunpowder, only then to see some torie or labour t****** goes and ffs it all up and it manages to find even more lows, you then realise you have shot your load with nothing in reserve
Still buying, loading up for late summer div, call me paranoid but check out the google 5 day graph and see the 482 drop spike, for some insane reason I waited for it to rise after that then hit 496p so sold a few, was this a short code? as looked like pump and dump , now maybe heading down to low 480s, all for the benefit of the shorts, just a thought but this is being manipulated for sure, just my thought of course DYOR lovely forum community
I remember someone telling me to be carefull of Rolls Royce and Bp when they were at record lows, just glad I wasnt, so you have to work out your own risks and stratagies and take everyone elses with a pinch of the proverbials, win or lose, and the more you take any notice of anyones advise on these forums your going to lose big styley, the only advise I would care to give as i and so many have learnt the hard way is FOMO is your enemy, if you miss the bus just wait for another one, if you jump into something at the top you have higher to fall, with me now its just becoming a waiting game pure and simple
I got into phnx 2022 circa 520s, as saw them getting into bargain territory and have been trading them as well as collecting dividends that have far outdone Lng but collecting those also, Just sold them and LnG before EX this time round 550s for Phnx and 247 on the LnG, bought back phnx 480s and picked some more 470s so no dramas and got a healthy Div coming to my isa account and up on the deal considerably, considering there steller recent results and future dividend that are sofar covered I have faith moving forward, will obviously re-enter LnG and do the same thing, you obviously bought and sold at a higher price than I did, horses for courses and all that
14% drop from pre ex high could be a start to enter so definately not ready to jump in, have already bought MnG at minus 16% from pre EX and they could still fall further, fully loaded with PHNX as they are my favorit for turnaround and juicy div but could be temted to buy even more for the next Div
Thing is , this will be a very underperforming in the coming months as this was the largest portion of the dividend,next is the piddly one so may even waite it out until they get dirt cheap, my thinking is they will lose 15% on a bad day from from yesterday close, if not im not bothered as will just sit on the fence
Yea, back into mng and phoenix with nice average on both, Got out of Phoenix a couple of days before Ex and kept some in, but in hind site I should have sold em all as they went into the 470s although I re-purchased and excceeded the Div they were oversold for sure, similar could happen here as its so blatent how they get hammered down
Be a massive bounce on this very soon, star performer and similar dividend in later summer, re investment time to come and ftse at an all time high, whats not to love and a bargain under a fiver is an absolute steal
Morning Deepjoy
In an ideal scenario maybe but like to tax my brain and yes sometimes would be nice to just let them do there thing and take the Divi and sometimes I do if I miss the boat, always get miffed to fck when they fall way below due to the shte situations that are going on in the world and the only thing I know is to use it to an advantage if the fundamentals are solid,, nothing is certain and to date have done well to follow my instincts , have increased my pot far more than just waiting for the dividends so maybe ive just been lucky
Ive got quite a few of these now so waiting for under 470s, if that happens or not im not fussed as LnG to go Ex then will start piling back into them, also re instated back into mng- meanwhile Iran and Israel are still sizeing eachother up so maybe more downside to come , looks like Israel are pssing close to Iran nuke site as a warning meanwhile Putin is rubbing his Billocks as the world attention moves away from Ukraine
Dividends in the holding bay aready, did the same with phoenix and mng and look how phnx has got manipulated down into the 470s,with the likes of barclays downgrade in favour of shorters, and both with brilliant trading results with dividends going forward past 2025 and into the black, great for me to get back in but cant see LnG being any different
Agree and this is why this time I dumpped the lot, what with the the Iran/Israel mallarky the run up to ex is way off kilt for my liking as even now I could easily get back in but im staying out on this way past ex , need the dust to settle which it will 220s or there abouts would be my predictions or maybe even 10% down from todays price wouldnt be far off
My average is Just under a fiver but looks to moving in super bargain territory, next load up low 470s, I dont care if I have too many of these as you get 2 masive divs as all the others will be half value for the summer Div, will be top slicing heaven in a few months, watch this space